by Global Lifestyle Properties

Check Availability
$7,950,000
↓ $650K (7.6%)
● House - For Sale

545 SABAL PALM

Key Biscayne, FL 33149
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,166 Ft²
$43,021
Est. Monthly
1.52%
Cap Rate

About This Property

Key Biscayne – Architectural Masterpiece
On a secluded 9,633 sq.ft. lot near Harbor Drive, this 6,800 sq.ft. residence by Village Architects blends modern elegance with tropical serenity. A dramatic double wood door opens to a lap pool reminiscent of Amanpuri, framed by 2,000 sq.ft. of covered entertainment areas.
Inside, a glass-walled foyer, soaring ceilings, and a sculptural staircase set the tone. Formal dining, reception, and a chef's kitchen flow seamlessly for refined living. The master suite offers vaulted ceilings, walk-in closets, a spa bath, and an adjacent office, complemented by three additional en-suite bedrooms.
Rare offering of design,privacy & resort-style living in the heart of Key Biscayne.Please view unbranded matterport  t, floor plans &  video.
Unit Size
4,166 Ft²
Days on Market
422 days
Land Size
0.22 acres
Price per sqft
$1,908
Property Type
House
Property Taxes
$3,985
HOA Dues
-
Year Built
2012

Listed By

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Last updated: 24 days ago (Miami MLS #A11855412)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $7,950,000
↓ $650K (7.6%)
Price Decreased
Aug 8, 2025 Listed by DLS International Realty $8,600,000
Listed by DLS International Realty
Dec 3, 2024 Listed $8,750,000
Listed
Architectural Masterpiece in Key Biscayne by Deborah de Leon. This 6,871 sq ft modern estate showcases exquisite design on an oversized lot. Step through the grand wooden entry, where a breathtaking pool welcomes you into a private oasis. Approx.2,000 sq ft covered outdoor area seamlessly blends indoor& outdoor living, allowing you to enjoy the refreshing ocean breeze; the ultimate Key Biscayne lifestyle. On the main level, the open modern Ornare kitchen flows into the family room and extends onto a spacious terrace, a formal dining room, butler’s pantry, and glass-walled hallway lead to a serene living area, complemented by a guest suite. A striking glass staircase leads to four spacious bedrooms, including a luxurious primary suite with a private balcony overlooking the serene backyard.
Nov 16, 2019 No longer available -
No longer available
Jul 16, 2019 Listed by Fortune International Realty $4,450,000
Listed by Fortune International Realty
Oversized lot, secluded street & unique architectural design create one of a kind residence. Built-in 2012, this elegant home has everything. Unique massive wood door entrance opens to lap pool that immediately transports you to an Amanpuri feeling. The covered entertainment areas around the pool are inviting and wonderful for bbq and entertainment. One bedroom downstairs by the pool area. Welcome to the home, elegant all-glass formal entrance with room for an elevator. Glass staircase, with large windows overlooking garden and greenery, formal dining, formal reception, large kitchen with family rooms. 2nd floor: 4 bedrooms, master suite with vaulted ceilings, walk-in closets. Stunning master bathroom. Office area adjacent to the Master Suite. +3 additional bedrooms en suite. Fall in love! The manager has listed the unit size as 6871 square feet.
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Property Highlights

Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Carport
Has Open Parking
Parking Features: Attached Carport, Covered, Driveway, Additional Spaces Available, No Rv/Boats, No Trucks/Trailers
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: First Floor Entry, Family Room
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
Flooring Type: Marble, Parquet
Exterior Details
Square Footage: 4166
Architectural Style: Attached, Two Story
Year Built: 2012
Building Name: TROPICAL ISLE HOMES SUB 2N
Building Area Units: Square Feet
Construction Materials: Concrete, CBS Construction
Patio and Porch Features: Deck, Porch
Pool Features: In Ground
Lot Features: Less Than 1/4 Acre Lot
Lot Size Area: 9633
Lot Size Units: Square Feet
Lot Size Acres: 0.221
Lot Size Square Feet: 9633
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $47,819
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 13
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,363
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 761
  • Total Building Area: 6,871
  • Gross Building Area: 6,871
  • Building Area: 4,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,166
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROPICAL ISLE HOMES SUB 2ND ADDN
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: TROPICAL ISLE HOMES SUB 2ND ADDN PB 50-75 LOT 6 BLK 10 LOT SIZE 76.120 X 123 OR 11003-1322 0181 5 COC 24433-2493 25733-0576 0181 5

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: KEY BISCAYNE
  • Census Tract: 004602

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 325
  • District: 24
  • Parcel: 24-5205-004-0130
  • Block: 10
  • Lot: 6
  • Meridian: SEC 05 TWN 55S RNG 42E
  • Municipality: KEY BISCAYNE
  • Latitude: 25.6914
  • Longitude: -80.1712

    Address

  • Full Address: 545 Sabal Palm Dr
  • Address - House Number: 545
  • Address - Street Name: Sabal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Key Biscayne
  • Carrier Code: C071
  • 4-Digit Zip Code: 1820
  • Zip Code: 33149

Valuation

    Tax

  • Total Area: 4,650
  • Tax Year: 2023
  • Tax Amount: $4,717,885
  • Tax Rate Code Area: 2400

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 4,696,813
  • High Value: 5,333,156
  • Low Value: 4,060,470

    Market Valuation

  • Market Total Value: $3,658,132
  • Market Land Value: $2,153,490
  • Market Improvement Value: $1,504,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,913,983

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2012
  • Current Sale Recording Date: May 17, 2012
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012R0351939
  • Previous Sale Recording Date: May 09, 2012
  • Previous Sale Contract Date: May 03, 2012
  • Previous Sale Amount: $3,185,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 545 Sabal Palm Drive built and last sold?
The property at 545 Sabal Palm Drive was built in 2012 and last sold on May 3, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 545 Sabal Palm Drive is $8,029,500.
What are some comparable homes to 545 Sabal Palm Drive?
There are currently no comparable homes to 545 Sabal Palm Drive.